488 MONTHLY JOURNAL OF AGRICULTURE. 



prices of cotton in the last twenty years, and see if they have not been pro- 

 duced by the perpetual revulsions of England. Let him look around him now, 

 and see if the change under which he now suffers is not due to the fact that 

 he employs for the sale of his great product, a broker that become bankrupt every 

 four or five years. Throughout the world there exists at this moment a greater 

 power of consumption than existed twelve months since ; and yet cotton has 

 fallen to little more than half, and that for no reason but that English banks 

 and bankers, English manufacturers and merchants, have become bankrupt. 

 Why should the American planter be longer dependent on them ? All the cloth 

 made out of our cotton will be wanted and used whether manufactured here 

 or there, and will need as many consumers to be employed in the work of con- 

 version. Why then should we not bring the machinery of conversion to the 

 side of the wool and the cotton, instead of sending the wool and cotton three 

 thousand miles to the mill, and thus abolish, forever, the necessity of depending 

 upon this great broker, who fails so frequently. " Nothing," to use the words 

 of the South Carolina Committee, on the scheme for reducing tne quantity ot 

 cotton, " can have more disastrous effects upon planters, than this fluctuation 

 from low prices to high and from high to low. All which is necessary " as 

 they say in continuation, " to our prosperity is a diminution in our wants, and 

 a near approach to certainty in the market value of cotton." 



Such is the want of the whole country. The manufacturer wants some cer- 

 tainty, and therefore does he ask for protection against the endless and enor- 

 mous fluctuations of England. The iron-master wants some certainty, that he 

 will not be ruined by those fluctuations. The farmer wants some certainty, 

 that the furnace or the mill in his neighborhood shall not be closed by the 

 fluctuations of English policy. The cotton planter wants certainty. None can 

 have it while England shall be continue the broker of the whole cotton and 

 wool-growing world. Let the farmer and the planter unite, not on party, but 

 on American ground, to bring the consumers, with their capital and machines 

 at their sides, and protect them when there ; and thus they will protect them- 

 selves, and all will have certainty. 



Ey the following extracts, for which we are indebted to De Bow's Commercial 

 Eeview, it will be seen that Georgia and Tennessee are both going ahead in the im- 

 portant matter of bringing the consumer to the side of the producer. What is to be 

 the effect of the present revulsion in England on their infant manufactures, re- 

 mains yet to be seen. The great factories at Lowell, admirably as they are 

 managed, make no dividends. The great establishment at Fall River, the first 

 in the Union for printing cloths, is ruined. Large establishments elsewhere have 

 failed, and more are likely to fail, and we have our fears for those at the South. 

 The natural consequence of this must be that no new factories will be built for 

 some time, and thus the planter has his market at home diminished at the very 

 moment when from the failure of his great broker abroad, and the consequent 

 dithculty of selling his cotton, he has most reason to desire to see it increased, 

 and so it must continue to be until he shall determine to take for himself such 

 effectual protection as will enable him to entice the little and inexpensive loom 

 to come and take its place by the side of the great and costly machine of pro- 

 duction. 



Resources of Geokgia. — Manufactures, &;c. — Mr. Nisbit, whose able article on Geor- 

 gia in the Southern Review, elicited so much applause — has lately made a report as Chair- 

 man o[ the Committee on Manufactures, in that State, from which we extract: 



Georgia presents the greatest possible advantage as a manufacturing State. She has a large 

 amount, of unemployed capital and labor. She boasts a climate favorable for every idud of 

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